Extremely positive feedback from the Russian market
interplastica and upakovka 2018 attracted 24,900 trade visitors
The positive feedback received lately from the Russian market and, in particular, from the plastics, rubber and packaging industry as well as the process industries associated with it has now been confirmed very emphatically at the two trade fairs interplastica and upakovka. The upswing in major market segments is leading to strong demand for plastic and rubber products as well as packaging. The manufacturers of these products are investing as much as they can in modern production technologies and materials, in order to be able to satisfy the increasingly exacting requirements made by their customers.
Russia's economy started to grow again in 2017 and the gross domestic product is expected to increase by between 0.5 and 2%. Investments will probably increase by 1.5%. Selected sectors, including the machinery and automotive construction, aerospace, electronics, IT and telecommunications, chemicals and mining industries, are being supported by the government.
Petrochemical and industrial-gas generation plants are being built for the purposes of manufacturing intermediate and end products with greater margins and with the aim of improving supplies of raw materials from domestic sources to the country's own chemicals industry. The plastics manufacturing and processing sectors, which have already been increasing their capacities for some time now, are also benefiting from this support (Source: GTAI – Germany Trade & Invest).